VerifyMe Acquires PeriShip LLC

April 22, 2022

VerifyMe, Inc. acquired PeriShip, LLC (assets) in April 2022, adding PeriShip’s time- and temperature-sensitive parcel management platform and logistics capabilities to VerifyMe’s brand-protection and supply-chain technology offerings. PeriShip, founded in 2001 and headquartered in Branford, Connecticut, provides cold-chain and last-mile resolution services for healthcare, pharmaceutical and food clients; the deal consideration was reported at roughly $10–10.5 million in company filings and press coverage.

Buyers
VerifyMe, Inc.
Targets
PeriShip, LLC
Location
Connecticut, United States
Transaction Type
Buyout

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